Climate Change Data

AURO LABORATORIES LIMITED

Climate Impact & Sustainability Data (2019-03 to 2020-03, 2020-21)

Reporting Period: 2019-03 to 2020-03

Environmental Metrics

ESG Focus Areas

  • Conservation of Energy
  • Technology Absorption
  • Foreign Exchange Earnings and Outgo
  • Environment and Safety
  • Corporate Social Responsibility

Environmental Achievements

  • Continuously taking effective steps to conserve energy and to reduce methane and other Green Houses Gases (GHG) emissions

Social Achievements

  • Improving the quality of life in rural area
  • Eradicating hunger, poverty and malnutrition
  • Promoting healthcare including preventive healthcare
  • Promotion of education including investment in technology in schools
  • Ensuring environment sustainability including measures for reducing inequalities faced by socially and economically backward groups
  • Promoting sports including rural and Olympic sports
  • Contribution to funds for promoting technology
  • Investing in various rural development projects
  • Measures for the benefit of armed forces veterans, war widows and their dependents
  • Contribution to the Prime Minister’s National Relief Fund or any other fund setup by the Central Government for development and relief

Governance Achievements

  • Implemented a Code of Conduct for adherence by the Directors (including Independent Directors), Senior Management Personnel and Employees
  • Adopted a Whistle Blower Policy

Climate Goals & Targets

Environmental Challenges

  • The sudden spread of Covid-19 pandemic and consequent Country wide lockdown since end of March 2020 has affected the world economy adversely and has also impacted temporarily your Company’s manufacturing location in the last fortnight of the Financial Year. We were unable to execute confirmed orders that would have brought about more positive results.
Mitigation Strategies
  • Work from Home policy was brought in place for your Company’s employees
  • The company has made every effort to keep the manufacturing activities on schedule and at capacity while taking all the requisite precautions

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Indian Accounting Standards

Certifications: ISO 9001:2008

Third-party Assurance: KHURDIA JAIN & Co. Chartered Accountants

Reporting Period: 2020-21

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Continuously taking effective steps to conserve energy and to reduce methane and other Green Houses Gases (GHG) emissions

Social Achievements

  • Not disclosed

Governance Achievements

  • Implemented a Code of Conduct for adherence by the Directors (including Independent Directors), Senior Management Personnel and Employees of the Company.
  • Adopted a Whistle Blower Policy

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Rising costs of inputs and services especially shipping costs that will put a strain on margins and earnings.
  • Significant competition from other Generic manufacturers both within India and foreign
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Indian Accounting Standards (Ind AS)

Certifications: EUGMP, EDQM Inspected, WHO GMP

Third-party Assurance: M/s. Khurdia Jain & Co. Chartered Accountants

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed